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Strategies & Market Trends : Visit Mr. Elliott. -- Ignore unavailable to you. Want to Upgrade?


To: skinowski who wrote (299)12/21/2005 9:16:31 PM
From: hawkeyefan  Respond to of 656
 
Nice chart. We will wait and see if this is the correct path.

If this scenario comes to pass I will let some longs go. I don't know about everything. (probably will keep some)

Also, I don't think I will try and short anything as I would like some more evidence of a trend change. It just isn't my style to go from long to short immediately.

Thanks for posting the chart.



To: skinowski who wrote (299)12/21/2005 9:26:09 PM
From: hawkeyefan  Respond to of 656
 
Actually I will probably just sell what I bought on Dec 8.
I am not thrilled with those. Who knows?

I read somewhere one should not take positions expecting a
wave 5 move. I should have followed that bit of advice.



To: skinowski who wrote (299)1/6/2006 6:24:11 PM
From: hawkeyefan  Read Replies (1) | Respond to of 656
 
Dec 30 turned out to be a low. After I realized it was going to be a low, I just stayed long from October and Dec 8. I was underwater on the Dec 8 purchases for a little while.
Unfortunately I did not buy on Dec 30. (No guts)

Jan 20 is the next date for me to watch.

I am trying to visit Mr. Elliott, but I lost my map.

It does look like higher prices are coming.